HBW Advisory Services LLC Buys 11,272 Shares of VanEck Morningstar Wide Moat ETF $MOAT

HBW Advisory Services LLC grew its stake in VanEck Morningstar Wide Moat ETF (BATS:MOAT) by 7.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 170,926 shares of the company’s stock after purchasing an additional 11,272 shares during the period. VanEck Morningstar Wide Moat ETF comprises approximately 1.9% of HBW Advisory Services LLC’s investment portfolio, making the stock its 8th largest position. HBW Advisory Services LLC owned 0.13% of VanEck Morningstar Wide Moat ETF worth $17,701,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in MOAT. Mercer Global Advisors Inc. ADV boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 1,690.5% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 794,616 shares of the company’s stock valued at $78,727,000 after purchasing an additional 750,236 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 1,387.0% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 611,633 shares of the company’s stock valued at $57,365,000 after purchasing an additional 570,500 shares in the last quarter. Foguth Wealth Management LLC. acquired a new stake in shares of VanEck Morningstar Wide Moat ETF in the 4th quarter valued at approximately $18,309,000. Jones Financial Companies Lllp boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 10.9% in the 3rd quarter. Jones Financial Companies Lllp now owns 1,101,252 shares of the company’s stock valued at $108,275,000 after purchasing an additional 108,068 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its stake in shares of VanEck Morningstar Wide Moat ETF by 71.0% in the 3rd quarter. NewEdge Advisors LLC now owns 258,173 shares of the company’s stock valued at $25,587,000 after purchasing an additional 107,159 shares in the last quarter.

VanEck Morningstar Wide Moat ETF Stock Performance

MOAT opened at $97.64 on Monday. The company’s 50 day moving average is $101.61 and its 200-day moving average is $102.50. VanEck Morningstar Wide Moat ETF has a 1-year low of $78.97 and a 1-year high of $108.10. The company has a market cap of $13.18 billion, a P/E ratio of 22.53 and a beta of 1.02.

VanEck Morningstar Wide Moat ETF Company Profile

The VanEck Morningstar Wide Moat ETF (MOAT) is an exchange-traded fund that is based on the Morningstar Wide Moat Focus 20 index. The fund tracks a staggered, equal-weighted index of 40 US companies that Morningstar determines to have the highest fair value among firms with a sustainable competitive advantage. MOAT was launched on Apr 25, 2012 and is managed by VanEck.